Glove power: Shares of rubber glove manufacturers have been on an uptrend since the beginning of the year on the back of a continuous strong US$.
KUALA LUMPUR: Glove maker Kossan Rubber Industries Bhd
sees 2019 as growth year for the company after first quarter earnings jumped by almost a third, driven by a surge in sales.
Net profit in the three months ended March 31 rose 32% to RM58.7mil compared with RM44.5mil made a year ago. Revenue increased 16% to RM561mil.
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